MOL AccessPortal, a subsidiary of MOL Global, has today announced the acquisition of AyoPay, an Indonesian payment service provider focusing on online game credits. Terms of the investment were not disclosed.
The strategic investment will expand MOL’s offerings in Indonesia, allowing partners and customers to achieve the full benefits of both services. Read more
MOL AccessPortal, the e-payment subsidiary of Malaysia’s MOL Global, which bought Friendster in 2009, has made a majority-stake investment in Rixty, a San Francisco based startup that lets consumers buy digital goods without a credit card.
The financial terms of the deal were undisclosed. Nonetheless, the founding team and existing investors will remain on board as significant shareholders, according to TechCrunch. Read more
Friendster announced on 12th September that it has gained half a million new users ever since it launched on 28th June, with 90% of them coming from Asia and 30% staying on the site for more than 45 minutes in a month.
Malaysia-based MOL Global, a payment systems development company for social networks, online games and virtual worlds, has acquired Thailand’s leading games distributor and payment gateway company Zest Interactive through its Thai operation MOL AccessPortal, according to a MOL press release released on July 25. Read more